Tanzania finds more gas
Untapped gas fields should present Tanzania with an import new source of income, particularly as recent discoveries and new possibilities in off-shore gas fields could double its proven reserves to around 100 trillion cubic feet by 2015. New discoveries and vast potential reserves are expected to prompt substantial investment in gas exploration, extraction and LNG refining capacity over the next few years, as well as the supporting infrastructure which should benefit the wider economy. The economy is expanding at a rapid pace and the government is wisely ploughing fiscal revenues into improving energy, transport and communications networks across the country.